Texas Roadhouse Ground
For Sale
Contact for pricing
1060 Valley River Way, Eugene, OR 97401
For sale: a 12.9-year Texas Roadhouse ground lease on 0.44 acres in Eugene, Oregon.
Property Size7,079 SF
Lot Size0.44 Acres
Price / SF$446.96
Days on Market216
Property Features for 1060 Valley River Way
General Information
Standard status
Active
Size
7,079 SF
Total Parking Spaces
15
Lot size
0.44 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$158,203
Building Details
Year Built
2013
Buildings
1
Tenancy
Single
Listing Agency:
CBRE - Atlanta
Listed By:
Brian Pfohl · License #GA 349355
(404) 504-7893
Source:
Crexi
Added: Feb 9
Changed: Sep 11
Last Checked: Sep 13 at 4:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Atlanta
Investment Insights
Based on property information with market context.
CBRE is pleased to offer for sale a 12.9-year Texas Roadhouse ground lease on a 0.44-acre site at 1060 Valley River Way in Eugene, Oregon. The property is identified as having 7,079 square feet.
Texas Roadhouse’s lease was recently extended in 2025 and includes 10% rent increases scheduled for 2028 and 2033. Per visits, the site ranks among the top 2% of Texas Roadhouse locations nationwide and is the #1 ranked location in Oregon, according to Placer.ai.
This offering provides a stabilized, long-term ground lease interest with contractual rent escalations tied to the 2028 and 2033 dates.
Texas Roadhouse’s lease was recently extended in 2025 and includes 10% rent increases scheduled for 2028 and 2033. Per visits, the site ranks among the top 2% of Texas Roadhouse locations nationwide and is the #1 ranked location in Oregon, according to Placer.ai.
This offering provides a stabilized, long-term ground lease interest with contractual rent escalations tied to the 2028 and 2033 dates.
Key Highlights
- 12.9‑year Texas Roadhouse ground lease on 0.44 acres in Eugene, Oregon
- Lease recently extended in 2025
- Includes 10% rent increases scheduled for 2028 and 2033
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$116,814
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,336,280
$2.3M
Cap Rate 7%
$1,668,771
$1.7M
Cap Rate 9%
$1,297,933
$1.3M
Market Conditions
NOI Build-Up for 7,079 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$161.4K $22.80/SF
− Vacancy
−$5.6K −$0.80/SF
EGI
$155.8K $22.00/SF
− OpEx
−$38.9K −$5.50/SF
NOI
$116.8K $16.50/SF
Area
Eugene, OR
Vacancy
3.50%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,336,280
Cap Rate 7%
$1,668,771
Cap Rate 9%
$1,297,933
Alternative Uses
Best Use
Specialty Retail
$1.67M
$1.46M – $1.95M
NOI $116,814 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.14M
$1.87M – $2.49M
NOI $149,508 @ 7.0% cap · market cap 4.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,456
Businesses Nearby
449k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Apparel 27%
Shops & Services 19%
Home Improvements & Furnishings 7%
JCPenney
Apparel
79,936 visits/mo
0.2 miles
Texas Roadhouse
Dining
51,027 visits/mo
0.1 miles
Barnes & Noble
Shops & Services
48,893 visits/mo
0.2 miles
Ross Dress for Less
Apparel
39,826 visits/mo
0.2 miles
BJ's Restaurant and Brewhouse
Dining
38,698 visits/mo
0.0 miles
Demographics for 97401, OR
45,634
Population
24,220
Households
1.9
Avg Household Size
32
Median Age
47%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
4,907
Density / Sq Mi
$51,244
Median Household Income
$26,604
Median Earnings
$1,318
Median Rent
$472,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - For sale: a 12.9-year Texas Roadhouse ground lease on 0.44 acres in Eugene, Oregon.
Where is this conventional restaurant located?
The property is located at 1060 Valley River Way Eugene, OR.
What is the asking price?
The asking price for this property is $3,164,040.
What are key features of this property?
This property features: 12.9‑year Texas Roadhouse ground lease on 0.44 acres in Eugene, Oregon; Lease recently extended in 2025; Includes 10% rent increases scheduled for 2028 and 2033
